Monthly Archives: July 2014

Pepsi Exec Takes Over at Target

Can a Pepsi exec bring more fizz to Target?

Target has appointed its first outsider as CEO—Brian Cornell, former CEO of PepsiCo Americas Foods.

Cornell, who also served as president and CEO of Sam’s Club, will be company chairman as well. 

He replaces CEO Gregg Steinhafel, a company vet who resigned in May following a string of bad news, including flat sales and a massive credit card breach.

Target has appointed its first outsider as CEO—Brian Cornell, former CEO of PepsiCo Americas Foods.

JCK Staff

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Berg, Hucker, Schechter Accept Awards at American Gem Society Dinner

Lee Berg, Doug Hucker, and Joel Schechter accepted awards at the American Gem Society’s Circle of Distinction dinner in New York on July 29. 

Lee Berg, Doug Hucker, and Joel Schecter accepted awards at the American Gem Society’s Circle of Distinction dinner in New York on July 29. 

JCK Staff

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Kering Buys Ulysse Nardin

Luxury conglomerate Kering is buying 100 percent of Ulysse Nardin, the 168-year-old Swiss watch brand known for its advanced marine chronometers.

The current brand management will remain in place, Kering said.

The French multinational giant, formerly known as PPR, already owns several watch brands, including Boucheron, Girard-Perregaux, JeanRichard, Pomellato, Dodo, and Qeelin, as well as Gucci. 

Luxury conglomerate Kering is buying 100 percent of Ulysse Nardin, the 168-year-old Swiss watch brand known for its advanced marine chronometers.

JCK Staff

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Birks Group Slashes Florida Staff Amid Mixed Financials

As a result of a restructuring, Birks Group is cutting most of the workforce in its Tamarac, Fla., office, after announcing soaring sales but flagging financials. 

Most of the work done by the 80-employee regional office is being transferred to its Montreal corporate headquarters, the company said.

As a result of a restructuring, Birks Group is cutting most of the workforce in its Tamarac, Fla., office.

JCK Staff

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